Gold Monetisation Scheme Should Be Investor Friendly: Gitanjali Exports
After the announcement of a gold monetisation scheme in the Budget, the details of the scheme are keenly awaited. The scheme has the potential to attract Rs. 1 lakh crore worth of gold deposits, says Sanjeev Agarwal, CEO of Gitanjali Exports Corporation. (Watch video) In Budget 2015-16, Finance... read more »
Gold, silver rebound on marriage season demand, global cues
Gold prices recovered by Rs 95 to Rs 27,285 per 10 grams at the bullion market on Thursday on emergence of buying by jewellers to meet wedding season demand amid a firm global trend. Silver followed suit and rebounded by Rs 200 to Rs 37,400 per kg on increased offtake by industrial units and... read more »
Titan Company intimates on availability of credit for gold purchases
Titan Company announced that the Company will be able to avail credit from domestic nominated banks for gold purchases without restrictions. This will also result in the Company getting the benefits of natural hedging of gold fully with a possibility of negative working capital that the Company... read more »
Gold recovers on wedding season demand
Gold prices on Monday recovered by Rs 70 to trade at Rs 27,700 per ten gram at the bullion market, largely supported by wedding season demand from jewellers and retailers amidst a firming global trend. Silver rose for the third day by gaining Rs 200 to Rs 38,900 per kg on continued buying by coin... read more »
More from Gold & Metals
PRECIOUS-Gold rebounds to 5-month high after ECB launches QE program
Gold turned higher and touched a five-month high above $1,300 per ounce on Thursday, after the European Central Bank (ECB) launched a multi-billion euro bond-buying program aimed at... read more »
Gold regains Rs 28,000 mark on seasonal demand, global cues
Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in the national capital on... read more »
Government hikes import tariff value on gold, silver
NEW DELHI: The government today hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends. The tariff value on imported gold was... read more »
Gold Edges Towards 12-Week High on Safe-Haven Demand
Singapore: Gold edged up for a third session out of four to hover near a 12-week peak on Wednesday, bolstered by safe-haven demand as tumbling oil prices and worries over global economic... read more »
Gold firm ahead of US nonfarm payrolls report
SINGAPORE — Gold rose on Friday ahead of a closely watched US jobs report and the metal was set to post its first weekly gain in four thanks to safe-haven bids amid political uncertainty in Greece... read more »
